NHYMX Performance — High Yield Municipal Fund
Data updated: 2025-02-24
NHYMX returned +5.24% over one year to Dec 2024. Annualised returns are −2.52% over 3 years and +0.32% over 5 years. The fund trailed its High Yield Bond category average: $100 invested three years ago grew to $93, against $107 for the category, and to $105 over one year, against $107. Volatility over the past three years was 10.57% a year. In the 12 months to Dec 2024 the fund took in a net $78.7M, and assets reached $375.49M.
NHYMX Growth of $100
What $100 invested in High Yield Municipal Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | NHYMX | Category average |
|---|---|---|
| 1 year (Jan 2024 – Dec 2024) | $105 | $107 |
| 3 years (Jan 2022 – Dec 2024) | $93 | $107 |
| 5 years (Jan 2020 – Dec 2024) | $102 | $118 |
| Since data start (Jul 2019 – Dec 2024) | $104 | $122 |
NHYMX Trailing Returns
Total returns to Dec 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.24% |
| 3 years (annualised) | −2.52% |
| 5 years (annualised) | +0.32% |
NHYMX Annual Returns
Calendar-year total returns of High Yield Municipal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 | +5.24% |
| 2023 | +5.90% |
| 2022 | −16.87% |
| 2021 | +5.14% |
| 2020 | +4.34% |
| 2019 (Jul–Dec) | +2.64% |
NHYMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.7% | +0.5% | +0.6% | −1.1% | +0.6% | +2.2% | +1.0% | +1.0% | +1.1% | −1.7% | +1.0% | −0.8% |
| 2023 | +4.4% | −3.4% | +1.4% | +0.2% | −0.7% | +1.5% | +0.1% | −1.2% | −3.5% | −2.6% | +7.0% | +3.2% |
| 2022 | −2.9% | −1.0% | −4.4% | −4.8% | +1.5% | −4.3% | +4.4% | −3.0% | −6.9% | −2.3% | +6.6% | −0.4% |
| 2021 | +1.8% | −1.5% | +0.6% | +1.4% | +1.4% | +0.9% | +1.0% | −0.5% | −1.1% | −0.4% | +1.4% | +0.1% |
| 2020 | +2.0% | +1.9% | −9.4% | −3.3% | +3.7% | +3.6% | +2.3% | −0.3% | +0.3% | 0.0% | +2.4% | +1.8% |
| 2019 | — | — | — | — | — | — | +0.7% | +2.1% | −0.7% | 0.0% | +0.2% | +0.3% |
NHYMX Risk
Risk measures from monthly returns over Jan 2022 – Dec 2024.
- 3-year volatility (annualised): 10.57%
- 3-year Sharpe ratio: -0.66 (vs 4.5% risk-free rate)
- Best month: +6.95% (Nov 2023)
- Worst month: −6.85% (Sep 2022)
NHYMX Fund Flows
Monthly money in and out of High Yield Municipal Fund, from SEC Form N-PORT.
- 12-month net flow: $78.7M
- 12-month gross sales (incl. reinvestments): $151.7M
- Sales ÷ redemptions: 2.08×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2024 | $2.0M | $2.7M | −$661K |
| Nov 2024 | $2.1M | $2.0M | $138K |
| Oct 2024 | $1.2M | $7.1M | −$5.9M |
| Sep 2024 | $5.1M | $9.8M | −$4.8M |
| Aug 2024 | $18.1M | $8.4M | $9.7M |
| Jul 2024 | $9.2M | $4.7M | $4.6M |
| Jun 2024 | $13.0M | $7.0M | $6.0M |
| May 2024 | $17.3M | $7.9M | $9.4M |
| Apr 2024 | $20.7M | $4.2M | $16.6M |
| Mar 2024 | $21.7M | $5.6M | $16.1M |
| Feb 2024 | $28.7M | $5.9M | $22.8M |
| Jan 2024 | $12.6M | $8.0M | $4.7M |
NHYMX Assets Under Management
Net assets of High Yield Municipal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-12-31 | $375.49M |
| 2024-09-30 | $390.91M |
| 2024-06-28 | $373.61M |
| 2024-03-28 | $338.96M |
| 2023-12-29 | $293.21M |
| 2023-09-29 | $311.72M |
| 2023-06-30 | $359.86M |
| 2023-03-31 | $384.57M |
| 2022-12-30 | $439.80M |
| 2022-09-30 | $582.46M |
| 2022-06-30 | $642.08M |
| 2022-03-31 | $772.80M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.